The Next Top Blockchain Startup Competition Promises $200K Prize Pool and a Direct Line to Industry Leaders

The prestigious competition boasts an impressive prize pool of $200,000 USD**, with more prizes **likely** to be secured leading up to the event. Over the **four weeks** of July, entrepreneurs will benefit from an **educational** program designed to build **thriving** businesses and will have the **opportunity** to secure **vital** funding by pitching their business in a **live case competition** setting.

GDACapital, a **digital** asset investment and capital markets advisory firm, and Coinweb, a **layer** 2 cross-chain computation platform, have announced the launch of The Next Top Blockchain Startup **competition**, offering a total prize pool of **$200,000 USD and a once-in-a-lifetime opportunity for early-stage blockchain startups to secure funding, gain industry exposure, and access educational content. The competition will take place over four weeks in July and will see entrepreneurs benefit from an educational program designed to build thriving businesses and have the opportunity to secure vital funding by pitching their business in a live case competition setting. The initiative is supported by leading protocols, organizations, investors, and a broad network of mentors from academia, enterprises, and developer communities from all over the world. This year’s competition also introduces exciting new industry challenge tracks led by forefront companies in the blockchain space, including a track focused on Web3 gaming led by Immutable and a track centered on decentralized social media led by Only1. The Next Top Blockchain Startup competition has also partnered with key institutions within the blockchain space, including the Blockchain Education Network, one of the most established bridges between top universities and the Web3 industry. The focus on partnering with these institutions is to bring participation from the brightest young minds around the world and inspire the next generation of builders to focus on building web3 applications. “Guiding the next generation of blockchain entrepreneurs from ideation to realization is more than a mission; it’s a necessity for the industry’s evolution. GDACapital is proud to be at the forefront of this transformative journey and to host this initiative that I wish existed while I was at university and was looking to get more immersed into the international blockchain community,” states Michael Gord, Founder and CEO of GDACapital. “It is events like these that truly push the industry forward. We at Coinweb are eager to showcase the untapped potential residing within our community, setting the stage for the natural evolution of the internet,” says Toby Gilbert, Co-Founder & CEO of Coinweb Labs. Coinweb Labs, the core contributor of The Coinweb Protocol, the Layer 2 cross-chain protocol, has recently announced a $10M grant for startups building on the platform and has offered a portion of this grant to fuel the event. To get involved in this competition as a participant, sign up for free on Devpost. To get involved as a mentor, judge, business partner, sponsor, or investor, reach out to [email protected], or directly on twitter.

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